How do I convert my gift card to cryptocurrency, cash or mobile money on Paxful
Redeeming your gift card(s) is very easy but you just need to be street smart and wise because of vending rippers.
Note: While converting gift cards on Paxful are sold with discounts there’s no way you’re going to get bitcoin equivalent to your gift card’s worth. Before heading to Paxful make sure your gift card is at hand and don’t try to be fool the system rules as this can get your account suspended.
Prerequisite for redeeming gift cards to btc
To get started you are going to need a few things.
Paxfull account, Registering Paxful account is free
Smart Phone or PC
Phsyical Gift cards or e-gift card
Step by step guide on how to convert gift cards to cryptocurrency or cash
1, Visit: Paxful: https://www.paxful.com Register on Paxful: Click on the avatar and then “Create Account”
2, Buy Bitcoin
Type the name of your gift card in the “Any payment method field” and select it. Gift cards you can redeem include Sephora, Nordstrom, Target, Walmart, Wayfair,
Razer Gold, Dollar General, Best Buy, Vanilla, iTunes, Google Play, Visa, Amazon etc. There you’ll see available offers
Click on “Buy” to select any offer that you want.
You will need the Card Image & Cash/Card Purchase Receipt clearly snapped depending on the buyers terms of service for purchase prove.
3, Enter Amount you wanna buy Once you have this ready, search for trade criteria matching the card type and value you have for trade. Once you establish trade and the buyer is ready for the trade as well.
4, Click buy button Once the trade have been initiated a chat with trader will being initiliazed now Upload the Receipt first, then => *Thick I have paid immediately after uploading the receipt* then => Now upload the the card image.
5, Click I have paid button Why It is important to thick *I have Paid*: Vendors won't be able to close or cancel trade to trade with another person once you mark *I have paid* but if you upload card first vendor might be faster than you especially when the network is bad to click I have paid and easily close the trade without paying you $0 dime for the trade.
Once you have duly completed the steps above, Wait for BTC credit Tone.
More so you can use Google search if in case paxful doesn't have redeem for the card you need.
Example: Visit Google: https://www.google.com Keyword: ''Dinners Card To BTC Exchange services''
For more gift card reference.
Do you want to know more on what the vendors like us do with the card?
Answer: A good phenomenon is Amazon. The cards are redeemed on their account for shopping items off Amazon.
How do vendor make profit: Answer: Vendor makes profit by buying the Amazon Card from you at favorable discount rate, redeems and order items which will be sold at valuable rate for gains.
Gift cards adoption has brought many benefits to consumers especially in retail as they are convenient and alternate to cash but as this article discusses, their usefulness should not be underestimated either.
I hope this helps the newbies on how to redeem.